Decentralized Exchanges Capture 25.3% of Trading Volume Against Centralized Counterparts
In May, trading volume on decentralized exchanges (DEX) reached $410.2 billion, accounting for more than a quarter of the equivalent figure for CEX. According to The Block, this 25.3% share marks a historic high. The previous record for the DEX/CEX volume ratio was 20.1%, achieved in January. Data: The Block. In May, PancakeSwap led decentralized […]